UK - Money purchase schemes are urging the NAPF to ensure its newly-created DC forum does not become merely a "talking shop".
The forum will hold its first meeting at the NAPF’s London offices on September 4 with representatives from around 50 schemes expected to take part.
The session is to be opened by NAPF chairman Terry Faulkner, who will precede presentations from EMAP group benefits manager Ralph Turner, Rank Group head of group benefits Julie Richards and Nissan Pension Plan senior controller Gordon Booth.
A general discussion will then follow.
But Turner is concerned that “vested interests” within the NAPF will try to scupper any recommendations made by the forum.
Turner – an outspoken critic of the NAPF in the past – welcomed the initiative but stressed it must not simply become a talking shop.
The DC forum was launched at the NAPF’s annual conference in Glasgow as part of a package of measures to strengthen the association.
Attendees of the forum will be able to discuss with the NAPF where they believe the organisation is failing them and will be given direct answers to their questions.
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.